Economy

Nigeria lost an estimated $77.7 billion to trade-related illicit financial flows (IFFs) between 2013 and 2022, according to a new report released by Global Financial Integrity (GFI), a United States-based …

The Federal Government on Tuesday announced the successful completion of its inaugural N501 billion bond issuance aimed at settling long-standing debts in the power sector, in a move expected to …

The Central Bank of Nigeria (CBN) will today conduct its second Treasury Bills (T-bills) auction for January 2026, offering instruments worth N1.15 trillion amid elevated system liquidity and mixed expectations …

The debate over the future of South Africa’s Social Relief of Distress (SRD) grant is gaining fresh attention as the National Treasury considers major changes that could reshape how the …

Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has called for a united national effort to reform and strengthen Ghana’s Domestic Gold Purchase Programme (DGPP) and the Gold-for-Reserves …

The United States has placed Nigeria, South Africa, Kenya and several other African countries on notice, threatening to impose sweeping 25 per cent tariffs on their exports for continuing business …

The World Bank has revised upward its growth outlook for Nigeria, projecting the country’s economy to expand by 4.4 per cent in 2026, up from the 3.7 per cent forecast …

Terrahaptix, a Nigerian defence technology startup, has raised $11.7 million in fresh capital to expand the development and deployment of security drones and related surveillance systems across Africa, as concerns …

The Nigeria Customs Service (NCS) has commenced the implementation of a new Standard Operating Procedure (SOP) to regulate courier companies operating under the Delivered Duty Paid (DDP) Incoterm. The Comptroller-General …

Sahara Power Group has disclosed that it has so far paid the naira equivalent of $438 million in loan repayments, representing about 73 per cent of its original $600 million …